Location

Full Address:
Melcombe St, Marylebone, London NW1, UK

Simple Address:
Marylebone

ZIP Code:
NW1

Country:
GB

Description

A1 shop in Marylebone selling vape, Iqos and vapouriser

Marylebone Properties International welcomes to the market this A1 shop in Marylebone selling vape, Iqos and vapouriser. The business is well established and benefits of a healthy turnover. Our clients are now looking to sell due to the desire to concentrate on other business interests.

The business runs as a vape shop and sells a Premium vaping liquids from USA and Canada and trendy devices.

The business is highly popular and receives a generous amount of repeat trade and heavy footfall, thanks to the close proximity to Marylebone Station and several offices (including BNP Paribas) and schools.

The shop generates a healthy turnover, thanks to many sales concluded every day. There is further potential to boost turnover by extending opening hours and by introducing tasting events and a vape bar to welcome workers when the offices close. The basement can also be used a vape cafe and lounge, where to host clients in a cosy and trendy environment. The outside deck also offer space to smoke shisha.

The shop has very little competition around offering not only vaping shop in the area. None of the other competitors in Marylebone is reachable by walk.

This is a wonderful business in a beautiful position, a real lifestyle business with high levels of repeat trade. Marylebone Properties International highly advise early viewings to take in full potential of the trade.

LOCATION

Sky Vape Shop is located in Lisson Grove, Marylebone.

The business is situated on a parade of shops in a very good location close to numerous office developments and within easy reach of Marylebone Station and Marylebone Road.

The shop is approximately just a moment away from Marylebone Station. This is a popular tourist location (it connects directly to the well-known Abbey Road) allowing for heavy footfall, especially for people reaching Marylebone Station, the railway lines (whisking them out of London) and the Tube.

The area has great tourist attractions such as Abbey Road, Paddington Basins, Regent’s Park, railway, Madame Tussauds and much more. The coffee shop is located on an arterial road in the town and next to the junction between Lisson Grove and Marylebone Road.

SIZE

Ground Floor: Approximately 500 sq.ft

Basement: Approximately 180 sq.ft.

Outside: Decked pavement area with seating for a further 4 at tables and chairs alfresco.

PREMISES

The business is located moments away from the well’known BNP Paribas Bank. The shop is well-signed with a big sign across the front and on the side. There is a terraced area for table and chairs for al fresco dining during the warmer months.

SHOP
Beautifully presented and well-maintained shop. There are large windows to the front creating a light airy and inviting interior. There is a wooden floor, display alcoves, modern LED lights running through the ceiling, wooden counters and glass displays.

A door at the back lead to the office and a beautifully designed space will guide you to the lower ground floor, where bathroom and lounge are accommodated.

OFFICE SPACE & PRIVATE KITCHEN

At the back, a large office is accommodated. The office can also be converted into shop space, to display further products.

At the back, there is a small kitchen for the staff and access the external patio.

There is also a large state-of-art-decor lounge, with sofas, desks and a marvellous ceiling with lights LED which colour can be changed through a remote controller. The lounge can be used for office space, events or vape cafe.

OUTSIDE SPACE

A decked pavement area with seating for a further 4 at tables and chairs alfresco, for a more entertaining dining experience in Marylebone. To protect the clients cherishing a relaxing moment on the deck, the branded canopy can also be rolled up and down with a remote controller.

Private yard to the rear.

TENURE

We are advised the business is being sold as a Leasehold opportunity.
Use: A1
Rent: £15,000 per annum
Lease: new lease of 10 year.

Premium: £150,000 (negotiable)

HOURS

The business is opening hours:
Monday – Friday: 9am – 6pm

Saturday – Sunday: 9am-6pm

STAFF

The business is run and managed by our clients with the help of 2 full-time members of staff.

POTENTIAL

The turnover of the bar can be easily leveraged, launching a vape bar and events, using the lower ground floor lounge.

The shop can also be converted into many uses, such as bar, office, retail shop, art gallery, grocery shops.